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Old 10-04-2012, 05:38 PM   #49
Cecil Terwilliger
That Crazy Guy at the Bus Stop
 
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Join Date: Jun 2010
Location: Springfield Penitentiary
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Quote:
Originally Posted by hulkrogan View Post
The reality is quite a bit different. I had 4 years of stable contracting work at the same client, full time for all 4 years, and it was still a be-atch getting my mortgage if I tried to go with anyone but the bank that held my business accounts.
Being self employed is a bit different. In that case business financials and personal tax returns and/or NOAs would likely be required.

It is true though, that anyone who doesn't have a steady salaried job will have a harder time securing financing.
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